Sacramento Housing Market Report December 2024•Sacramento County, California

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Housing Prices in Sacramento, CA

How much do homes in Sacramento, CA cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$442,299$316/SqFt
+$32,399
+7.9%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Sacramento has increased by 7.9% since last year.

Summary: The median home list price in Sacramento was $442,299 in December 2024, up 7.9% from the previous year, and the median price per square foot was $316.

Median List Price By City

Median List Price By City
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Sacramento
+7.9%
Elk Grove
+5.9%
West Sacramento
-5.8%
East Yolo
-5.8%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsDec 2023Dec 2024Change YoY
1$240K$283.9K
+18.3%
2$345K$342.4K
-0.7%
3$399.9K$440K
+10.0%
4$469.5K$499.9K
+6.5%
5$703.2K$697.5K
-0.8%

Summary: Sacramento housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +18.3%. The home price for 2 bedroom homes decreased by -0.7%. The home price for 3 bedroom homes increased by +10.0%. The home price for 4 bedroom homes increased by +6.5%. The home price for 5 bedroom homes decreased by -0.8%.

Housing supply in Sacramento, CA

How many homes are available in Sacramento, CA?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
150Last MonthDec 2024
1472 months agoNov 2024
+2.0 %
Change MoMNov – Dec

Summary: The Sacramento real estate market had 150 homes for sale in Dec 2024, a 2.0 % increase compared to Nov 2024.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsNov 2024Dec 2024Change MoM
123
+50.0%
23232
0.0%
36665
-1.5%
43942
+7.7%
588
0.0%

Summary: Sacramento housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -1.5%. The inventory for 4 bedroom homes increased by +7.7%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in Sacramento, CA cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price22 Homes

At Asking Price7 Homes

Under Asking Price10 Homes

Insight

If you're buying a home in Sacramento, you could pay more than the asking price. 56.4% of homes here sold above asking price last month.

Summary: A total of 44 homes were sold or pending in Sacramento in December 2024, up by 25.7% month-over-month. Of the 39 sold homes, 26% were sold under asking, 18% were sold at asking, and and 56% were sold over asking.

Days on Market for Sacramento, CA

How long does it take to sell a home in Sacramento, CA?

Breakdown of Home Sale Times

Under 30 Days23 Homes

30 – 90 Days8 Homes

Over 90 Days2 Homes

Insight

Many homes in Sacramento are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 44 homes were sold in Sacramento; 52% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
71 DaysThis YearDec 2024
101 Days1 year agoDec 2023
-29.3 %
Change YoYDec 2023 – Dec 2024

Summary: Homes in Sacramento had an average listing age of 71 days in Dec 2024, down by 29.3% compared to the previous year.

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Newest Listings in Sacramento, CA

What homes are available in Sacramento, CA?

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Nearby markets

Nearby markets aren't available for Sacramento, CA

Popular Cities with Homes for Sale in California

MLS Disclaimers and Copyright

Based on information from California Regional MLS, Bay Area Real Estate Information Services Inc., and San Francisco MLS for the period 01/01/2023 - 01/01/2025

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXCopyright © 2025 by Bay Area Real Estate Information Services, Inc. All rights reserved.

The data relating to real estate on this web site is provided through a cooperative data exchange program of the Bay Area Real Estate Information Services, Inc. Multiple Listing Service (BAREIS MLS) in which this real estate broker participates. The properties displayed are only the properties in the MLS's database approved by the cooperating listing Brokers to be displayed. Properties listed by brokers other than the broker owning this website are identified with the name of the listing broker's company, and name of the Listing Agent. Property information is provided by the listing broker. Information provided is not guaranteed to be accurate by BAREIS MLS, and you are advised to verify facts that are important to you. BAREIS MLS does not create, control, or review the property data displayed on this site and takes no responsibility for the content of such records. IDX information being provided is for the consumer's personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXListings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
© 2025 San Francisco Association of Realtors. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/17/2025, 11:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.